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China-based hackers luring Indians into fake malicious Tata Motors scam

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Cyber-security researchers in India on Thursday said they have discovered a malicious free gift campaign pretending to be an offer from Tata Motors that is collecting users' data, and the campaign has been traced to China-based hackers. The research wing of New...

Covid-19: Delta variant ‘poised to take hold’ in Europe, warns WHO

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

The World Health Organisation's Europe director warned that the highly transmissible COVID-19 variant first identified in India is poised to take hold in the region, as many countries prepare to ease restrictions and allow more social gatherings and travel across...

Medical debts bankrupt Indians already ravaged by coronavirus

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  In the shadows of the Taj Mahal, shoemaker Shyambabu Nigam worked for years to save enough money to buy his wife Anju a small house with a view of the iconic 17th century mausoleum. Yet in just a matter of months, they were forced to give it up. After Anju fell...

With $42.61 billion net prm, Munich Re retains its ranking as top global reinsurer in 2020: S&P

by AIP Online Bureau | Jun 10, 2021 | International News, Reinsurance

London: In S&P’s(Standard & Poors) list of top 25 global reinsurers in 2020,Munich Re remains the world’s biggest reinsurer by as it totaled $42.61 billion in reinsurance premiums in 2020, up 10.4% from $37.85 billion a year earlier. Swiss Re...

Meatpacker JBS paid equivalent of $11 mln in ransomware attack

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

Meatpacker JBS USA paid a ransom equivalent to $11 million following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement on Wednesday. The subsidiary of Brazilian firm JBS SA halted cattle slaughtering...

Harsh Vardhan addresses first meeting of WHO high-level coalition on health, energy

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The COVID-19 pandemic has reiterated a massive interdependence among various sectors while underlining the need to ensure inter-connectedness across the sectors is reflected in policies for effective and sustainable service delivery, Union Health...

Astra Covid vaccine linked with small risk of low blood platelets: Study

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Risk Management

The Oxford-AstraZeneca vaccine, known in India as Covishield, may be associated with a very small risk of developing a blood condition characterised by low platelet counts, according to a nationwide study in the UK. The increased risk of the condition, known as...

India’s Reliance says FCCU unit at Jamnagar refinery shut, exports may be delayed

by AIP Online Bureau | Jun 10, 2021 | Indian News, Non-Life

India's private refiner Reliance Industry said on Wednesday a secondary unit at its export-focussed refinery in the western state of Gujarat has been shut since June 6, which may delay the shipment of some product cargoes. The refinery, which has the capacity to...

Indian state sharply raises COVID-19 death toll prompting call for wide review

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  After Bihar raised its COVID-19 death toll sharply higher after the discovery of thousands of unreported cases, lending weight to the suspicion that India's overall death tally is significantly more than the official figure. Indian hospitals ran out of...

India offers huge potential for digital banks: Report

by AIP Online Bureau | Jun 10, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Facts, Technology

  Mumbai: India offers a huge potential for Digital Challenger Banks (DCBs) but currency depreciation and local regulations are concerns for foreign investors, according to a report. Leading consultancy BCG said in the report on Wednesday that the revenue...
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